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Apr 23, 2013
04/13
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airports on monday as the faa began imposing furloughs of air traffic controls. but the widespread traffic never really materialized. flight aware.com says only about 150 flights were canceled. and is while some people waited nearly two hours to take off, delays were much shorter on average. let's get more now from aviation industry consultant ray. ray, good to see you. this isn't just a story about monday, is it? the real question is what happens as these furloughs continue to play out? >> yes. it's going to take at least a couple of days before we see the full impact of these budget cuts. >> talk a little bit about what's coming down the pike. it's pretty significant, to some extent. >> it is. and i think this puts forward a good argument on why the faa should be a public corporation in the u.s. with its own budget to get away from some of the politics of washington. this is a mandatory type of function that the airlines do need and is it's going to be very costly to the airlines, i believe, if this situation continues to move into the higher travel season. >>
airports on monday as the faa began imposing furloughs of air traffic controls. but the widespread traffic never really materialized. flight aware.com says only about 150 flights were canceled. and is while some people waited nearly two hours to take off, delays were much shorter on average. let's get more now from aviation industry consultant ray. ray, good to see you. this isn't just a story about monday, is it? the real question is what happens as these furloughs continue to play out?...
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Apr 24, 2013
04/13
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remember, we are probably within a day or two of the faa lifting the grounding on the dreamliner. boeing never had to bring down the delivery schedule. further out investors are having more confidence and more comfort with boeing. on the ford story, the issue here is whether or not ford can give investors confidence that things in europe are improving. they're going to report a loss. they're going to lose $2 billion in europe this year. that's their forecast at this point. north america is really the engine that's powering these guys right now. think about this, kelly. we expect them for the first quarter to report a profit in north america of greater than $2.7 billion. that would easily be the most profitable first quarter ever for the company probably with a profit margin of close to or if not past 12%. that is the area that when he first took over said we need to get profit margins up north of 10%. they're doing that in north america. the issue remains what's going on in europe and how quickly they are coming along and restructuring it. >> the german automaker saying first quar
remember, we are probably within a day or two of the faa lifting the grounding on the dreamliner. boeing never had to bring down the delivery schedule. further out investors are having more confidence and more comfort with boeing. on the ford story, the issue here is whether or not ford can give investors confidence that things in europe are improving. they're going to report a loss. they're going to lose $2 billion in europe this year. that's their forecast at this point. north america is...
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Apr 22, 2013
04/13
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also delayed travelers finding themselves waiting in airports as faa furloughs just kicked in. >>> and the investigation in boston, the wounded marathon bombing suspect, he's now responding to questions. it's monday, april 22nd, 2013 and "squawk box" -- it's early, it's monday morning, it begins right now.
also delayed travelers finding themselves waiting in airports as faa furloughs just kicked in. >>> and the investigation in boston, the wounded marathon bombing suspect, he's now responding to questions. it's monday, april 22nd, 2013 and "squawk box" -- it's early, it's monday morning, it begins right now.